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Lucero Energy Corp Com V.PSH


Primary Symbol: PSHIF

PetroShale Inc is an independent oil company focused on the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota.


OTCQB:PSHIF - Post by User

Bullboard Posts
Post by metzgfon Jun 07, 2005 10:57am
176 Views
Post# 9126687

Calling the Company for Clarification

Calling the Company for ClarificationCalling them up for clarification will get you nothing. There were a lot of unanswered questions before the annual meeting. Only one got answered. Who's in charge? Cotter's Group got over 20 million volts. The opposition, Greene's Group got just over one million volts. With that kind of control, Cotter will continue to do whatever he likes and tell shareholders about it later, if at all. I've decided to accept the fact that things are not going to change. I don't believe anyone has the ability to get management to be more open in their operations. I still like the potential of this company and believe that one of these days this potential will show up as realized increase in share price. In the meantime, I will just sit back and hope that we continue to drill and continue to hit oil and gas. If that happens, those who are long will be rewarded. If it doesn't happen, we won't be much worse off than we already are.
Bullboard Posts